Top Searches:

Sensex lost more than 70 points to open at 35,097.99 and extended losses further, cracking under the 35,000-mark for a brief period. The broader 50-share NSE Nifty also dipped below the key mark of 10,500 in morning trade.

TIMESOFINDIA.COM | Oct 5, 2018, 09:36 IST

NEW DELHI: Thursday's bloodbath in the markets seemed to have an effect in Friday's early trading as well with Sensex and Nifty sinking below key marks.

30-share BSE Sensex lost more than 70 points to open at 35,097.99 and extended losses further, cracking under the 35,000-mark for a brief period. At 9.28 am, the index was down 136.38 points at 35,032.78. On Thursday, the gauge was routed, losing more than 800 points on weak rupee and pricey crude oil.

The broader 50-share NSE Nifty also dipped below the key mark of 10,500 in morning trade. At 9.28 am, the index was testing the mark and was trading 0.80 per cent in the red.

Investors would tend to be cautious ahead of Reserve Bank of India's (RBI) announcement of repo rate, later in the day. With most experts predicting a third back-to-back repo rate hike, markets may see yet another setback.

All Comments ()+^ Back to Top

Characters Remaining: 3000

Continue without login

or

Login from existing account

FacebookGoogleEmail

Share on FacebookShare on Twitter

Refrain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks, name calling or inciting hatred against any community. Help us delete comments that do not follow these guidelines by marking them offensive. Let's work together to keep the conversation civil.